The announcement will affect 315 people, who will be notified by the end of the business day. The company’s stock was down more than 4.5 in late-morning trading.

Copytra Global Infringement Report 2019: International image the in. Dropbox to Cut 11 of its Global Workforce Dropbox, announced on Wednesday that it is cutting its global workforce by about 11.

Cloud computing is already outpacing traditional data workloads, but cheaper prices will help the public cloud get ever closer to becoming the norm for all our storage needs. Any file saved to Dropbox is also instantly saved to the owner's computers. Google and Amazon both dropped prices for their respective cloud services in March - Google offers customers 15 GB of storage per month for free, while Amazon charges $0.03 per GB per month for its S3 cloud service, which is a favorite among developers (Dropbox included).ĭropbox, Google and Amazon driving down their prices for cloud services will hopefully result in more companies doing the same Apple's iCloud, in particular, offers less space than Dropbox, Google, and Microsoft for more money each month.īut with more cheap cloud services, we could see greater adoption rates push companies to focus on optimizing their infrastructure in the cloud. While Dropbox’s Pro service is now significantly cheaper than it once was, the company is also trying to keep up with Google and Amazon, two giant cloud companies that continue to slash their prices.

Dropbox to cut global